Pros Holdings: Q4 Earnings Insights

Pros Holdings (NYSE:PRO) reported its Q4 earnings results on Thursday, February 10, 2022 at 04:15 PM. Here's what investors need to know about the announcement.

Pros Holdings (NYSE:PRO) reported its Q4 earnings results on Thursday, February 10, 2022 at 04:15 PM.

Here’s what investors need to know about the announcement.

Earnings

Pros Holdings beat estimated earnings by 30.43%, reporting an EPS of $-0.16 versus an estimate of $-0.23.

Revenue was up $4.12 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09, which was followed by a 1.33% increase in the share price the next day.

Here’s a look at Pros Holdings’s past performance:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate -0.22 -0.22 -0.27 -0.18
EPS Actual -0.13 -0.14 -0.22 -0.14
Revenue Estimate 62.39M 61.69M 60.27M 59.29M
Revenue Actual 62.67M 62.40M 61.38M 60.86M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Pros Holdings management provided guidance for their next quarter, expecting earnings between $-0.19 and $-0.18 per share for the next quarter.

This represents a -15.62% in quarter-over-quarter growth for Pros Holdings, a bearish signal to many investors.

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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